sec.29Inscribed stock issued by Corporation

### sec.29 Inscribed stock issued by Corporation All inscribed stock of the Corporation in respect of a borrowing or raising of money by it— shall be issued in such series, at such times and places in or outside Queensland and in such manner as the Corporation thinks fit; shall bear interest at such rate or rates (if any) and be redeemable at such date or dates and at such place or places in or outside Queensland as advised by the Corporation; may, with the consent of the registered owner, be paid off at any time prior to the due date thereof at not more than the amount of the principal remaining unpaid at the time or, at the discretion of the Corporation, at a premium with interest thereon to the date of payment only; shall, other than inscribed stock to which section 6 (4) applies, rank pari passu one with the other unless the Corporation otherwise expressly determines in respect of particular inscribed stock. Unless the Corporation otherwise expressly provides in respect of particular inscribed stock, no inscribed stock of the Corporation in respect of a borrowing or raising of money by it other than inscribed stock to which section 6 (4) applies shall entitle the registered owner to any charge or other security in respect of any of the income, revenue or any other assets of the Corporation. In the case of an application to purchase inscribed stock— the Corporation may require the applicant to lodge with the applicant’s application, as security, all or part of the purchase consideration; and where an application is accepted—the inscribed stock issued pursuant thereto shall bear interest at the rate or rates advised in accordance with this section on the amount lodged as security from the date of lodgment; and where an application is not accepted—the Corporation shall forthwith refund any amount lodged as security, together with such amount of interest as the Corporation considers appropriate, to the payer thereof or as the payer directs. (sec.29-ssec.1) All inscribed stock of the Corporation in respect of a borrowing or raising of money by it— shall be issued in such series, at such times and places in or outside Queensland and in such manner as the Corporation thinks fit; shall bear interest at such rate or rates (if any) and be redeemable at such date or dates and at such place or places in or outside Queensland as advised by the Corporation; may, with the consent of the registered owner, be paid off at any time prior to the due date thereof at not more than the amount of the principal remaining unpaid at the time or, at the discretion of the Corporation, at a premium with interest thereon to the date of payment only; shall, other than inscribed stock to which section 6 (4) applies, rank pari passu one with the other unless the Corporation otherwise expressly determines in respect of particular inscribed stock. (sec.29-ssec.2) Unless the Corporation otherwise expressly provides in respect of particular inscribed stock, no inscribed stock of the Corporation in respect of a borrowing or raising of money by it other than inscribed stock to which section 6 (4) applies shall entitle the registered owner to any charge or other security in respect of any of the income, revenue or any other assets of the Corporation. (sec.29-ssec.3) In the case of an application to purchase inscribed stock— the Corporation may require the applicant to lodge with the applicant’s application, as security, all or part of the purchase consideration; and where an application is accepted—the inscribed stock issued pursuant thereto shall bear interest at the rate or rates advised in accordance with this section on the amount lodged as security from the date of lodgment; and where an application is not accepted—the Corporation shall forthwith refund any amount lodged as security, together with such amount of interest as the Corporation considers appropriate, to the payer thereof or as the payer directs. - (a) shall be issued in such series, at such times and places in or outside Queensland and in such manner as the Corporation thinks fit; - (b) shall bear interest at such rate or rates (if any) and be redeemable at such date or dates and at such place or places in or outside Queensland as advised by the Corporation; - (c) may, with the consent of the registered owner, be paid off at any time prior to the due date thereof at not more than the amount of the principal remaining unpaid at the time or, at the discretion of the Corporation, at a premium with interest thereon to the date of payment only; - (d) shall, other than inscribed stock to which section 6 (4) applies, rank pari passu one with the other unless the Corporation otherwise expressly determines in respect of particular inscribed stock. - (a) the Corporation may require the applicant to lodge with the applicant’s application, as security, all or part of the purchase consideration; and - (b) where an application is accepted—the inscribed stock issued pursuant thereto shall bear interest at the rate or rates advised in accordance with this section on the amount lodged as security from the date of lodgment; and - (c) where an application is not accepted—the Corporation shall forthwith refund any amount lodged as security, together with such amount of interest as the Corporation considers appropriate, to the payer thereof or as the payer directs.